Digital Mental Health Trends and Forecast
The future of the global digital mental health market looks promising with opportunities in the patient, payer, and provider markets. The global digital mental health market is expected to reach an estimated $39.5 billion by 2030 with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are increasing incidence of mental health disorders and growing awareness towards mental health as an essential health condition.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Digital Mental Health by Segment
The study includes a forecast for the global digital mental health by component, disorder type, age group, end use, and region.
Digital Mental Health Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Services
Digital Mental Health Market by Disorder Type [Shipment Analysis by Value from 2018 to 2030]:
• Anxiety Disorder
• Bipolar Disorders
• Eating Disorder
• Others
Digital Mental Health Market by Age Group [Shipment Analysis by Value from 2018 to 2030]:
• Children & Adolescents
• Adult
• Geriatric
Digital Mental Health Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Patients
• Payers
• Providers
Digital Mental Health Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Digital Mental Health Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies digital mental health companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the digital mental health companies profiled in this report include-
• The MENTOR Network
• Brightline
• Talkspace
• CloudMD
• Universal Health Services
• DarioHealth
• CareTech Holdings
Digital Mental Health Market Insights
Lucintel forecasts that software will remain the larger segment over the forecast period because it enables the healthcare organisations to share and integrate data from disparate locations in the real time.
Within this market, patient will remain the largest segment due to insurance reimbursement policies, technological progress, and enhanced accessibility.
North America is expected to witness highest growth over the forecast period due to increasing awareness of digital mental health solutions.
Features of the Global Digital Mental Health Market
Market Size Estimates: Digital mental health market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Digital mental health market size by various segments, such as by component, disorder type, age group, end use, and region in terms of value ($B).
Regional Analysis: Digital mental health market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, disorder types, age groups, end uses, and regions for the digital mental health market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the digital mental health market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the digital mental health market size?
Answer: The global digital mental health market is expected to reach an estimated $39.5 billion by 2030.
Q2. What is the growth forecast for digital mental health market?
Answer: The global digital mental health market is expected to grow with a CAGR of 14.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the digital mental health market?
Answer: The major drivers for this market are increasing incidence of mental health disorders and growing awareness towards mental health as an essential health condition.
Q4. What are the major segments for digital mental health market?
Answer: The future of the digital mental health market looks promising with opportunities in the patient, payer, and provider markets.
Q5. Who are the key digital mental health market companies?
Answer: Some of the key digital mental health companies are as follows:
• The MENTOR Network
• Brightline
• Talkspace
• CloudMD
• Universal Health Services
• DarioHealth
• CareTech Holdings
Q6. Which digital mental health market segment will be the largest in future?
Answer: Lucintel forecasts that software will remain the larger segment over the forecast period because it enables the healthcare organisations to share and integrate data from disparate locations in the real time.
Q7. In digital mental health market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing awareness of digital mental health solutions.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the digital mental health market by component (software and services), disorder type (anxiety disorder, bipolar disorders, eating disorder, and others), age group (children & adolescents, adult, and geriatric), end use (patients, payers, and providers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Digital Mental Health Market, Digital Mental Health Market Size, Digital Mental Health Market Growth, Digital Mental Health Market Analysis, Digital Mental Health Market Report, Digital Mental Health Market Share, Digital Mental Health Market Trends, Digital Mental Health Market Forecast, Digital Mental Health Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.